May 8, 2026
Sony Group Corporation
Sony Group Corporation ("Sony") approved, at the meeting of its Board of Directors held today, the establishment of a facility for the repurchase of shares of its own common stock pursuant to Article 459, Paragraph 1 of the Companies Act of Japan and Article 34 of Sony's Articles of Incorporation, as follows.
In addition, pursuant to the decision by Sony's Representative Corporate Executive Officer delegated by the Board of Directors, Sony has decided to cancel treasury stock as follows.
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Reason for Establishing the Facility for the Repurchase of Shares
The following facility has been established for the purpose of enabling Sony to flexibly repurchase its own shares in consideration of factors such as opportunities for strategic investment, Sony's financial condition and the price of its common stock as part of improving capital efficiency and implementing capital policy according to the business environment.
In addition, Sony has introduced restricted stock, restricted stock units and stock options as stock compensation plans, and Sony plans to curb dilution of its shares by repurchasing shares to offset the securities to be delivered in connection with the stock compensation plans.
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Facility for the Repurchase of Shares
（1）
Class of shares for repurchase
Common stock of Sony
（2）
Total number of shares for repurchase
230 million shares (maximum)
(3.89% of total number of shares issued and outstanding (excluding treasury stock))
（3）
Total purchase amount for repurchase of shares
500 billion yen (maximum)
（4）
Period of repurchase
May 11, 2026 to May 10, 2027
（5）
Method of repurchase
Expected open market purchase through the Tokyo Stock Exchange based on a discretionary trading contract
Depending on investment opportunities, market environment and other factors, it is possible that no share repurchase, or a share repurchase of only a portion of the above, will be carried out.
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Cancellation of treasury stock
（1）
Class of shares to be
cancelled
Common stock of Sony
（2）
Total number of shares to be cancelled
184,494,319 shares
(3.0% of total number of shares issued and outstanding as of April 30, 2026)
（3）
Planned cancellation date
May 29, 2026
- Change in general policy regarding holdings of treasury stock
As disclosed in the announcement entitled "Notice Regarding the Status and Conclusion of Repurchase of Shares of Common Stock, and the Cancellation of Treasury Stock (Repurchase of Shares Under the Provision of Sony's Articles of Incorporation Pursuant to Article 459, Paragraph 1 of the Companies Act) (Cancellation of Treasury Stock Pursuant to the Provision of Article 178 of the Companies Act)" dated March 18, 2020, Sony's policy was to generally maintain its level of treasury stock under an upper limit of approximately 3% of the total number of shares of its common stock issued and outstanding by cancelling treasury stock in excess of that percentage.
Sony has now revised its policy, with the aim of optimizing the level of treasury stock held by it, to retain treasury stock expected to be used for delivery in connection with stock compensation plans, and, in principle, to cancel any treasury stock held in excess of that amount.
(For reference) Status of treasury stock as of April 30, 2026
Total number of shares issued and outstanding (excluding treasury stock) | 5,908,061,149 shares |
Number of treasury stock | 241,749,496 shares |
End of document